SiEnergy to Acquire EPCOR's Hughes Gas Resources in Texas for $60 Million
May 5, 2025
SiEnergy Operating, a wholly owned subsidiary of Northwest Natural Holding Company, has agreed to acquire 100% of Hughes Gas Resources, Inc. (EPCOR Texas Gas) from EPCOR USA for $60 million. The deal is expected to close in the second quarter of 2025 as SiEnergy expands its natural gas utility presence in the Houston metro area.
- Buyers
- SiEnergy Operating (SiEnergy), Northwest Natural Holding Company (NW Natural Holdings)
- Targets
- Hughes Gas Resources, Inc. (EPCOR Texas Gas)
- Sellers
- EPCOR USA Inc.
- Platforms
- SiEnergy Operating (SiEnergy)
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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